A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai. Reuters
The Indian equity markets is set to face another volatile week ahead, as the ongoing flight of foreign funds is expected to continue on the back of latest taxation surcharge on the super rich category along with subdued quarterly earning numbers.
Strong gains by index major Infosys and Sun Pharma aided the Sensex in advancing over 160 points on Monday. Infosys hit its all-time high level with 7.2 per cent gain on the back of strong numbers in its quarterly results
Mumbai: Sensex and Nifty ended lower after the weak auto sales figures and surging oil prices dampened investor sentiments on Wednesday. The Sensex closed 173.78 points or 0.45 per cent lower at 38,557.04 while the Nifty settled at 11,498.90, down by 57 points. “Consolidation continued as weak auto sales have dimmed
Alibaba’s planned $13.4 billion share sale will be Hong Kong’s first paperless stock market listing, a source with knowledge of the matter said, breaking with a long-held tradition of investors placing stock orders in bank branches.
Qantas Airways may not place an order for planes capable of non-stop London-Sydney flights until early next year, the airline’s chief executive said on Friday after a 19 hour, 19 minute test flight landed in Australia’s biggest city.
India’s Supreme Court cleared the path on Friday for steelmaker ArcelorMittal SA to take over bankrupt Essar Steel, following a legal tussle that has dragged through